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  • Exclusive: Focusing on the ‘cooling’ sector will bring the biggest and fastest gains, says EESL chief

    Vishal Kapoor said Energy Efficiency Services Limited is looking to expand its client base to MSMEs, offering them 35 energy-efficient technologies.

  • Johnson to buy 25.74% stake in Hitachi via open offer

    Johnson to buy 25.74% stake in Hitachi via open offer

    Johnson Controls said it would acquire little over 70,00,990 shares at an offer price of Rs 821.38 per share amounting to Rs 575.04 crore

  • HAVC JV likely to be formalised by year-end: Hitachi Home

    HAVC JV likely to be formalised by year-end: Hitachi Home

    The JV will benefit both Johnson Controls and Hitachi with each other sharing their expertise because each manufactures different products, says Gurmeet Singh of Hitachi Home and Life Solutions.

  • Johnson Controls, Hitachi to form global joint venture

    Johnson Controls, Hitachi to form global joint venture

    Through this JV, Johson Controls will obtain 60 percent stake in Hitachi Appliances for a deal price of USD 2.5 billion for global air conditioning business excluding sales and service operations in Japan.

  • Researchers warn of flaws in Honeywell control systems

    Researchers warn of flaws in Honeywell control systems

    A widely used system for controlling electricity, heating and other systems inside buildings remains vulnerable to attacks over the Internet, despite warnings from US officials, researchers said on Tuesday.

  • Nomura warns about air conditioning sector in India

    Nomura warns about air conditioning sector in India

    Nomura says it has come away "with extremely negative takeaways" for the Indian heating, ventilation and air conditioning (HVAC) market after meeting with Blue Star's executive in charge of the segment.

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